Economics

Turkey Won’t Seek Loan From IMF, Erdogan’s Spokesman Says

The Hagia Sophia and surrounding area stand empty during a two-day lockdown imposed to prevent the spread of Covid-19 in Istanbul on April 11.

Photographer: Burak Kara/Getty Images

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Turkey ruled out seeking a loan from the International Monetary Fund just days after the fund’s chief said the institution has a “constructive engagement” with Ankara, quashing speculation that it would reach out for financial assistance.